For the Quarter Ending September 2025
North America
• In United States, the Green Acid Price Index rose quarter-over-quarter in Q3 2025, driven by increasing production costs.
• Green Acid production costs increased due to a 2.6% rise in the Producer Price Index in August 2025.
• Operational expenses for Green Acid producers were elevated by a 3.0% year-over-year CPI increase in September 2025.
• Green Acid demand outlook was mixed, with industrial production up only 0.1% in September 2025.
• Robust retail sales, increasing 5.42% in September 2025, supported Green Acid demand in consumer-related sectors.
• Declining consumer confidence in September 2025 suggested potential future softening for Green Acid demand in consumer goods.
• The unemployment rate at 4.3% in September 2025 provided a stable economic backdrop, moderately supporting Green Acid demand.
• Green Acid Price Forecast indicates continued firmness or slight increases due to persistent cost-push inflationary pressures.
Why did the price of Green Acid change in September 2025 in North America?
• Rising Producer Price Index (PPI) in August 2025 increased raw material and energy costs for Green Acid production.
• Consumer Price Index (CPI) growth of 3.0% in September 2025 reflected broader inflationary pressures on operational expenses.
• Despite varied demand signals, cost-push factors from macroeconomic indicators primarily influenced Green Acid price trends.
APAC
• In China, the Green Acid Price Index fell quarter-over-quarter in Q3 2025, driven by broad deflationary pressures.
• Green Acid demand outlook was mixed, with industrial production growing 6.5% year-on-year in September 2025.
• Retail sales increased 3.0% year-on-year in September 2025, supporting Green Acid demand in consumer goods.
• Manufacturing market demand showed gradual improvement in Q3 2025, despite the Manufacturing Index contracting.
• Production cost trends for Green Acid were influenced by a 2.3% year-on-year decline in producer prices in September 2025.
• Global chemical overcapacity, particularly from China, exerted downward pressure on Green Acid prices during Q3 2025.
• Strengthened automotive sales and surging vehicle exports in Q3 2025 boosted Green Acid demand.
• Elevated unemployment at 5.2% and consumer confidence at 89.6 in September 2025 tempered overall Green Acid demand.
Why did the price of Green Acid change in September 2025 in APAC?
• Deflationary pressures, with CPI down 0.3% year-on-year in September 2025, reduced pricing power.
• Producer prices declined 2.3% year-on-year in September 2025, indicating lower input costs.
• Global chemical overcapacity, particularly from China, created significant downward price pressure.
Europe
• In Germany, Green Acid Price Index remained stable in Q3 2025, balancing tightened supply and subdued industrial demand.
• Green Acid production costs faced mixed pressures; producer prices decreased 1.7% in September 2025 from lower energy costs.
• CPI rose 2.4% in September 2025, indicating broader inflation and upward pressure on operational expenses.
• Green Acid demand was subdued as industrial production declined 1.0% in September 2025 and Manufacturing Index contracted.
• Regional Green Acid supply tightened significantly in Q3 2025 from unexpected plant shutdowns.
• Export demand for German chemicals, including Green Acid, weakened in Q3 2025, with overall exports down.
• High energy costs and volatile wholesale electricity prices impacted the German chemical industry in Q3 2025.
• Stable 6.3% unemployment rate in September 2025 indicated economic weakness, dampening industrial activity.
• Green Acid price forecast suggests continued stability, influenced by persistent supply constraints and moderate industrial recovery.
Why did the price of Green Acid change in September 2025 in Europe?
• Unexpected plant shutdowns significantly tightened regional Green Acid supply in Q3 2025.
• Producer prices decreased 1.7% in September 2025, driven by lower energy costs.
• Industrial production declined 1.0% in September 2025, subduing industrial customer demand.
